Ajmer Discom Gets Relief As RERC Sets Aside SLDC Order On Open Access Charges Updated On Tue, May 9th, 2023 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC), in its latest order, granted relief to Ajmer Vidyut Vitran Nigam Ltd (AVVNL) in a case related to open access charges. The discom earlier had challenged a 2018 order of the State Load Despatch Centre (SLDC) which directed the discom to pay for the unscheduled interchange (UI) charges to its […] Read more
ISTS is poised to be gamechanger for renewable energy adoption by India’s corporate sector: Sashi Kant Mishra, Fourth Partner Energy Updated On Fri, May 5th, 2023 by Saurenergy Tell us about your current ISTS-connected projects. Our portfolio entails Rajasthan with 330 megawatt of AC solar capacity, where we are in the phase two of connectivity. In Karnataka, we have another 300 megawatt of power capacity being set up. The said projects are in phase II of connectivity, with the Rajasthan project at an […] Read more
RUVNL’s 1 GW Tender Sees Mahindra Susten, SAEL, Avaada Among Winners Updated On Fri, May 5th, 2023 by Saurenergy Rajasthan Urja Vikas Nigam (RUVNL) has declared the results for its 1 GW tender (floated in January 2023) of power from state transmission utility (STU)-connected solar power projects in the state. Mahindra Susten, Sunfree Energy (SAEL), Solarcraft Power India (Blupine Energy), Jakson, Shiva Corporation, Avaada Energy, and SJVN are the winners under competitive bidding. Mahindra Susten […] Read more
Tata Power Q4 Results- Strong Growth In Key Operational Metrics For FY23 Updated On Thu, May 4th, 2023 by Saurenergy Tata Power has announced its annual and Q4 financial performance report for Fy23. In a media statement, the power company said that in the Financial Year (FY) 23, the company reported growth in its revenue, Profit After Tax (PAT), and Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). Tata Power said that its PAT rose […] Read more
Power Grid (PGCIL) Issues Tender For 2.5 GW Solar Power Supply In Bidar-Karnataka Updated On Thu, May 4th, 2023 by Saurenergy The Power Grid Corporation of India Ltd (PGCIL) has issued tender for the development of transmission line package or 765 kV class Reactor package for pooling station at Bidar under Transmission Scheme for Solar Energy Zone in Bidar (2500 MW), Karnataka. The successful bidder in the PGCIL tender will be responsible for project’s designing, engineering, […] Read more
Renewable Energy: Looking Beyond Gujarat In 2023 Updated On Wed, May 3rd, 2023 by Saurenergy The Indian story of renewable energy is actually a story of paradoxes. Thus, even as the country has made remarkable progress in adding renewable capacity, it still fell comfortably short of the 175 GW target for 2022 Nationally, the country today has achieved 168 GW of renewable energy including large hydro power but the travesty […] Read more
Adani Green Energy Q4 Results Strong, Net Profit Rises 319 Percent Updated On Wed, May 3rd, 2023 by Saurenergy The Adani Groups green energy development arm, Adani Green Energy has announced a rise of 319 per cent in consolidated net profit to Rs 507 crore for the Q4 quarter ended March 2023. This corresponds to a net profit of Rs 121 crore in the corresponding quarter last fiscal. Other key numbers on the EBITDA […] Read more
Serentica Renewables Secures $250 Million From KKR Updated On Mon, May 1st, 2023 by Saurenergy Sterlite Power backed Gurugram based Serentica Renewables has announced that the company has secured $250 million in a second round of funding from KKR, a global investment company. Serentica Renewables is a decarbonisation platform for the commercial and industrial (C&I) sector, focusing especially on energy intensive consumers like metals and mining. Starting with it’s own […] Read more
Gensol Wins NTPC NVVN’s 0.5 MW Solar PV Project at IIM Udaipur Updated On Mon, May 1st, 2023 by Saurenergy Gensol Engineering Private Limited has bagged a 0.5 MW solar project tender floated by NTPC Vidyut Vyapar Nigam Ltd. Thr project is for the development of 0.5 MW (AC) grid connected ground mounted solar PV project at IIM-Udaipur Rajasthan under net-metering. The other bidders that participated in the competitive bidding included Rajasthan Electronics and Instruments […] Read more
